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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has provided an update.
Lemon Tree Hotels Limited has announced the signing of a new property, Lemon Tree Suites, in Nashik, Maharashtra. Managed by its subsidiary, Carnation Hotels Private Limited, the property will offer 135 suites and various amenities, reinforcing the company’s presence in Maharashtra. This expansion aligns with Lemon Tree’s strategy for sustained growth in key markets, enhancing its footprint in a city known for its spiritual and economic significance.
More about Lemon Tree Hotels Ltd.
Lemon Tree Hotels Limited is one of the largest hotel chains in India, operating across upscale, upper-midscale, midscale, and economy segments. The company is known for delivering exceptional service offerings with a compelling value proposition.
Average Trading Volume: 157,698
Current Market Cap: 109.9B INR
For an in-depth examination of LEMONTREE stock, go to TipRanks’ Overview page.